Why this page:
As you are aware that IFRS in India started its journey way back in 2007 and now IFRS converged standards or IND AS is on the verge of getting notified in India to be adopted by numerous companies/ entities over the next couple of years. In the recent past, there have been numerous forums, media reports either proposing advent of IFRS or opposing IFRS. This has meant various press r
eleases, media reports, news paper research articles, industry view, government view etc. We at Rhapsody felt that we should make available a forum which shall objectively place the various reports, updates etc on IFRS in a very informal atmosphere. The idea being to reach out to as many professionals and students as possible so that they get a first hand view of what’s happening absolute latest in the ‘IFRS in India’ space and also contribute with comments, articles, links, practical experiences which might be helpful to all of us. What this page shall comprise:
This page shall comprise, with respect to IFRS/ IND AS:
- Recent news – news papers
- Regulatory news
- Latest interviews/ videos
- Important links
- Announcements
- Technical updates for both IFRS and IND AS
- Articles, Comments and views by various people hooked to this forum
Philosophy for the page/forum/initiative:
Over the last couple of months there has been a virtual see saw between various factions of the business world, industry forums, regulators and people from the profession on why and how IFRS should be adopted or implemented in India. We felt that there is a need to launch a forum which shall have all the latest on this matter objectively. The attempt is not to have biases or a particular point of view but to present the various voices, thin tanks and experts view and allow the reader to analyse and judge for herself/himself. How this initiative will work:
We shall initially send out invites on face book on the ‘IFRS in India’ page as well as outside face book’s on e-mail to the data base already existing with Rhapsody by virtue of existing for almost 2 years now. For accessing these forums you may visit/ log on to:
For Face book users: ‘IFRS in India’ Page as well as Rhapsody AAS page
Visit us at: www.rhapsody-services.com
We shall also be sending out articles, updates and links to all the people we have on data base through e-mail regularly. It will be helpful, if you could forward this to as many friends as possible and or invite as many friends as possible on face book, our website or other social forums. Let’s share all our knowledge and educate all of us on this ever dynamic topic. ‘IFRS in India’
Happy reading.